General Insurance Corporation of India, is looking for Young, Energetic Graduates / Post Graduates with Brilliant Academic record in the disciplines mentioned below:Company name : General Insurance Corporation of India
Posts : Scale I Officers
Qualification : Any Graduate B.Com BE/B.Tech BSc LLB MBBS
Location : Delhi, Mumbai, Chennai, Kolkata
Last date to apply : 31 March 13
Details of Post :
Scale I Officers
GIC Re, the ‘Indian Re-insurer’ and 15th largest Reinsurance Company in the world fully owned by Government of India with the network in India and abroad is looking for Young, Energetic Graduates / Post Graduates with Brilliant Academic record in the disciplines mentioned below to fill-in the positions of 73 Officers in the cadre of Assistant Managers (Scale-I) to be based in its offices in India and abroad (primarily to be posted in Head Office, Mumbai) and will be liable to be posted anywhere in India as well as abroad in future as per the requirement of the Corporation.
To know more about GIC Re, go through the details in the website www.gicofindia.in.
Applications are invited from Indian Citizens for the following vacancies.
The details of vacancies are as follows :
Desirable skill set for IT (Software / Hardware / Networking) stream :
Age (As on 01.03.2013) : 21 – 30 yrs
Scale of Pay : Rs.17240-840(14)-29000-910-(4)-32640
Service Conditions :
The selected candidates are governed by all the terms and conditions of service as applicable in General Insurance Corporation of India from time to time.
Posts are permanent and the selected candidates on appointment may be posted or transferred to any place in India and abroad in future, as deemed necessary. However, the initial posting will be in its corporate office in Mumbai only.
Guarantee Bond :
Before joining as probationer, the selected candidates will be required to give an undertaking to serve the Corporation for a minimum period of four years including probationary period.
In the event of their resignation from the Corporation before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year’s gross salary paid to them during the year of probation which could be proportionately reduced depending on the length of service rendered.
Besides he/she will have to submit a stamped Indemnity bond duly executed by two sureties of sound financial standing and not related to the candidate, for an amount equivalent to one year’s gross salary.
Candidates resigning from the Corporation during the probationary period, shall be liable to pay the salary received by them during their entire period of service in the Corporation in addition to an amount of Rs.25,000/- towards partial cost of training incurred by the Corporation in respect of the candidate.
Application Fee :
Non refundable Crossed demand draft of Rs. 500/- as Processing and Examination fees. (Rupees Five Hundred Only) by means of an A/c Payee Demand Draft in favour of “General Insurance Corporation of India”, payable at Mumbai, which is not refundable. (Candidates belonging to SC/ST category and PH (OH) candidates and the employees of GIC and GIPSA Member Companies are exempted from the fees).
Please mention your Full Name and Registration Number on the reverse of the Demand Draft. Money Order / Postal Order or any other mode of payment is not acceptable.
Selection Procedure :
The selection for the above post shall be on the basis of shortlisted of the candidates based on Written Test and performance in Group Discussion and interview.
The total marks for Written Test, Group Discussion and Interview will be 200. Competitive written examination will be held at 04 centers in India tentatively on Sunday the 5th May 2013. The candidate may choose any one of the following centers, which must be indicated in the Application Format clearly.
No change of the center will be allowed at a later date. Corporation reserves the right to direct candidates to appear at a center other than the one chosen by them for written examination without monetary assistance.
Corporation also reserves the right to hold the written examination at some and not all the examination centers listed below depending upon the number of candidates and other relevant factors.
Choice of Centre for Written Test :
- Centre - Code No.
- New Delhi – 01
- Mumbai – 02
- Kolkata – 03
- Chennai – 04
How to apply :
Candidates satisfying the eligibility conditions have to apply through online registration Online submission of the applications will be allowed on the website between 1st March 2013 to 31st March 2013. No other means/mode of application shall be accepted
List of following Documents (copy) to be attached with the Application :
Important dates to remember :
For more details –
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